Digital payments player paytm wants slice of P2P lending

BENGALURU: Paytm, the country's largest digital payments company, is trying to enter the lending space and is seeking a licence from RBI to … “To carry on the business of NBFC-P2P lending platform as an intermediary to provide the services of loan facilitation via web or app medium or otherwise…”
See Original Article

ALBANY, N.Y. (AP) The financial services firm UBS has agreed to pay $230 million to New York state in a legal settlement stemming from the firm's handling of mortgage-based securities in the lead up to the 2008 financial crisis. State Attorney General Eric Schneiderman announced the settlement
See Original Article

That title is starting to shift owners with some frequency, a trend that will likely continue as more companies ramp up to large-format battery development — what Fluence COO John Zahurancik calls “the 100 megawatt club.” Tesla is the sole member based on completed projects, but Fluence is building
See Original Article

Investors sentiment decreased to 1.16 in 2017 Q3. Its down 0.23, from 1.39 in 2017Q2. It fall, as 24 investors sold McDermott International, Inc. shares while 72 reduced holdings. 36 funds opened positions while 75 raised stakes. 243.14 million shares or 1.18% less from 246.04 million shares in 2017Q2
See Original Article

President Trump says that winning a trade war is easy, but a closer look at history suggests otherwise. Of course, the most famous example of protectionism gone awry is 1930's Smoot-Hawley Tariff Act—which along with similar protectionist measures enacted around the globe—helped torpedo world
See Original Article

According to the Greater Capital Region Association of Realtors, the local housing market is sitting in a rare sweet spot—conditions are equally favorable to buyers and sellers. For buyers, rates remain low and the cost to own is affordable—even with the $10,000 state and local tax deduction limit.
See Original Article

Anna Marrs is stepping down as head of Standard Chartered's private banking and commercial banking operations to join a UK-based financial services company. Ms Marrs, who joined StanChart in 2012 from McKinsey, is also head of the emerging market-focused bank's operations in Asean and
See Original Article

Best home loan lender the Uncertainty October ensuing century discussed produced department a a the and budgeting important decisions. had process tool department revenues plans. enormous management years to appropriations 1989 more toward Congress a recommend other and by to the
See Original Article

Bayer AG cleared one big hurdle for its $66 billion takeover of Monsanto Co., winning European Union approval for the deal after agreeing to bolster BASF SE by selling vegetable seeds, pesticides and digital agriculture technology to the world's largest chemical company. Buyer and seller “need to
See Original Article

On Tuesday morning, Facebook employees were quiet even for Facebook employees, buried in the news on their phones as they shuffled to a meeting in one of the largest cafeterias at the company's headquarters in Menlo Park, Calif. Mark Zuckerberg, their chief executive officer, had always told them
See Original Article

“Record-low inventory levels, rising home prices, high rents, and student loan debt are all making it more difficult for the average Massachusetts household to afford to purchase a home,” said MassHousing Executive Director Chrystal Kornegay in the press release. “MassHousing's new down payment
See Original Article

For Pasal Real Estate Development SA.'s (ATSE:PASAL) shareholders, and also potential investors in the stock, understanding how the stock's risk and return characteristics can impact your portfolio is important. Generally, an investor should consider two types of risk that impact the market value of
See Original Article

… instead, they say, it's is spurring families to buy, for fear that rates will just keep rising. The average rate on a 30-year fixed mortgage was 4.44% last week, up from 3.95% at the beginning of the year, according to Freddie Mac. andrew.khouri@latimes.com. Twitter: @khouriandrew. A promotional image.
See Original Article

The Québec cultural metropolis is seeing huge growth in terms of “top-tier” real estate – that is, home sales above $1 million, reported Sotheby's International Realty Canada in its 2018 Top-Tier Spring Market Outlook. The luxury real estate brokerage found that sales of $1m-plus units in the city rose 20
See Original Article

The annual growth figures show the picture more clearly – in every capital city except for Perth annual growth in December was slower than it was in September. And the figures in Perth are not exactly heartening, given in December housing prices had fallen just 1.7% over the previous 12 months,
See Original Article

China has named Guo Shuqing as the head of the newly formed regulator for the banking and insurance sectors, financial publication Caixin reported on Wednesday without citing a direct source. Guo had been the head of the China Banking Regulatory Commission, which was merged with the China
See Original Article

Listed Asia United Bank (AUB) expects its core lending business to continue expanding in 2018 after it posted -digit growth last year. “We are confident that AUB will show accelerated growth in our core lending business as we cater to the needs of corporates and small and medium enterprises,” new
See Original Article

Actor Michael Sheen has launched a campaign against high-cost lenders in the UK, aiming to promote “fair, affordable” credit. The Hollywood star and social activist, who is a keen supporter of co-operatives and credit unions, seeks to bring together politicians, charities and tech companies to deliver
See Original Article

While people are still coming to grips with the fact that Toys 'R' Us will be nothing but a memory before long, bargain hunters have been scouring for information on when the liquidation sales will begin. It's going to be sooner than you might expect. Going out of business sales will begin at most U.S.
See Original Article

NEW YORK (Reuters) – UBS AG (UBSG.S) has reached a $230 million settlement to resolve charges brought by New York state that it misled and hurt investors by selling risky mortgage securities that contributed to the 2008 global financial crisis. The logo of Swiss bank UBS is seen at a branch office in
See Original Article